$995,000
PENDING

Estimated payment $6,121/month

Total Views 5,769
2 Beds
2 Baths
1,564 Sq Ft
$636 Price per Sq Ft

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Ceiling Fan
  • Terra Nova High School Rated A-
  • Tile Flooring
  • Washer and Dryer

About This Home

Located just half a block from the Pacific Ocean and Pacifica Pier, 41-47 Carmel Avenue offers a rare coastal duplex opportunity in the highly desirable West Sharp Park neighborhood. The property features two (2) charming one-bedroom/one-bath units each approximately 550 square feet with large one-car garages and private backyard spaces for each unit. -- The westernmost unit at 41 Carmel Avenue will be delivered VACANT, move-in ready, and ideal for an owner-user or investor seeking immediate market rent potential. The property sits within walking distance to Palmetto Avenues vibrant local scene, including restaurants, coffee shops, bars, boutique stores, and the annual Fog Festival. Enjoy easy access to Highway 1, Sharp Park Golf Course, Mori Point, and scenic coastal trails. --- Built in 1959, this classic beachside duplex rests on a 3,510 square-foot lot and spans approximately 1,564 square feet of total building area. With separate water meters, very low expenses, and strong income potential, its a fantastic investment or 1031 exchange option in one of Pacificas most sought-after locations. --- Offered at a current cap rate of 4.22% and 15.77 GRM, this property blends beach-town charm, convenience, and solid cash flow just steps from the sand.

Listing Agent

Nathan Gustavson

Compass License #01898316 Listed on: 01/09/2026

Compass

Co-Listing Agent

Cameron Foster

Compass License #00972394

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 3,511 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Granite Countertops
  • Washer and Dryer

Flooring

  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $2,500
  • Maintenance Expense $2,400
  • Other Expense $3,196
  • Operating Expense $19,811
  • Gross Income $61,822

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

3,511 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1564
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1564
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle, Composition
  • Construction Type: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 772

Lot Info

  • Lot Acres: 0.0806
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3510.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3510.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 15.77
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2500
  • Expense Maintenance: 2400
  • Expenses Other: 3196
  • Expenses Total: 19811
  • Income Annual Gross: 61822.00
  • Income Annual Rental: 63084
  • Income Gross Scheduled: 63084
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2026 02/09/26 Pending -- -- --
01/09/2026 01/09/26 For Sale $995,000 -- $636 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82030733

MLSListings
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